After Failed First Attempt, Ryan Phillippe Sells Hollywood Home

Posted on March 19th, 2013. Original content from Zillow's Real Estate Blog.

Source: IBDb

Ryan Phillippe’s Hollywood Hills estate may promote a peaceful Zen-inspired escape, but the actor has had to face the realities of real estate head-on. After divorcing “Cruel Intentions” co-star Reese Witherspoon, Phillippe listed his 7,477-square-foot home for $7.45 million in December 2010. However with a steady decline in home prices and a strong recession taking its toll in 2011, the actor learned it wasn’t the best time to sell and removed the listing.

Last summer, the home hit the market again, this time with a $6.995 million price tag. A little over eight months later, Phillippe’s home has sold for $6 million.

The home was built in 1998 and called “Rising Zen” due to its combination of Asian and modern architecture. The landscaping also adds to the home’s tranquil feel with green foliage creeping up the sides and extending into the foyer. Inside, a sleek modern design provides updated amenities, while ornate accessories add hints of cultural flair.

While the home’s design style is tasteful and subdued, over-the-top amenities have celebrity status written all over them. Highlights include a two-story gym directly off the master suite, a bar surrounded by an in-home aquarium, a koi pond and media room. Not to mention the home has a private “eco-friendly” pool with sweeping views of downtown L.A.

But with another Los Angeles property and his longtime residence in Hockessin, DE, the “Crash” and “Flags of Our Fathers” star doesn’t look to be moving any time soon.